Sydney -
It’s an interesting commentary that the heart and soul of capitalism turns out not to have a brain or a spine. The Great Catharsis of Capitalism apparently needs to make an idiot out of itself on a regular basis.

Despite more than 1500 lobbyists, executives, bankers and others swarming to Washington as the Senate took up legislation to rein in derivatives -- the complex securities at the heart of the financial crises -- a Senate panel passed tougher rules

Recently released emails from Nov. 2008 suggest that New York Fed President Timothy Geithner instructed AIG to withhold key details from the public about the 'back-door bailout' that benefited Goldman Sachs and more than a dozen other Wall Street firms